Elasticity Archives | MBTN Academy - Online Learning Tutorials, Problem Sets, and Certifications for Business Education
-1
archive,tag,tag-elasticity,tag-120,bridge-core-3.1.8,cookies-not-set,qode-page-transition-enabled,ajax_fade,page_not_loaded,,footer_responsive_adv,qode-theme-ver-30.5,qode-theme-bridge,qode_header_in_grid,wpb-js-composer js-comp-ver-7.6,vc_responsive
 

Elasticity Tag

03 Jun

Posted at 09:55h in Marketing, Marketing Analytics, Marketing Management, Online Education, Pricing, Strategy

This month's free MBTN tutorial addresses pricing decisions under conditions of constant elasticity, and is co-authored by Paul Farris and Phil Pfiefer of the Darden School of Business at the University of Virginia. Unlike linear functions, constant elasticity functions exhibit a different slope, but the same elasticity at each point on the curve. Discover how to find the profit maximizing price under these conditions in this month's tutorial....